Veruna Taps Duck Creek Technologies to Transform Download Processing

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Summary

BOSTON--(BUSINESS WIRE)--Duck Creek Technologies announced today that Veruna, an open platform agency management solution provider and consultant, has selected the AgencyConnect Integration Kit to convert policy and direct bill commission statement downloads from AL3 into ACORD XML for use in its revolutionary Veruna AMR agency management system. AgencyConnect (one of several new solutions offered by Duck Creek with the acquisition of Agencyport Software) has long led the industry as a conversion interface between agency management systems and real-time rating systems for insurance companies’ processing of new business intake, offering carriers: Veruna will apply these capabilities to convert the antiquated AL3 download format into the more robust ACORD XML—the foundation of its Veruna AMR solution. XML is much friendlier, flexible, open, and well-suited for contemporary agency management systems, apps, and other integrations.” Veruna AMR delivers a best-of-breed user experience based on the actual needs of insurance agents. Complementing Duck Creek’s current suite of leading core offerings, AgencyConnect is one of four new solutions that focus on providing intuitive, digital experiences between P&C carriers and their agents, brokers, consumers, and policyholders—anytime, anywhere and from any device. Employing progressive technology, Duck Creek solutions enable insurers to optimize outcomes and enhance engagement through advanced digital and data capabilities and integrated functionality that can be delivered via the cloud or on-premise.

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InsurTech
applications
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Software SaaS Insurance Technology

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Veruna
$1M to $5M